The regiment was first formed on 19 February 1973 as the 21st Air Assault Brigade in Kutaisi, part of the Transcaucasus Military District.

[4] In 1973, the brigade participated in the exercise "Snowy Pass" (Russian: Снежный перевал).

The brigade conducted advanced tactical exercises under the supervision of the Chief of the General Staff in 1974.

Regimental commander Em received the title Hero of the Russian Federation for his leadership.

[3] The regiment contributed a battalion tactical group to participate in the August 2014 Russian military intervention in the war in Donbas.

[16] It took part in the Russian invasion of Ukraine and its commander Guard Colonel Konstantin Zizevsky was killed in action in February 2022.

[18] An ammunition depot and a command post of the 247th Guards Air Assault Regiment was destroyed by Ukrainian forces on 22 August 2022 during the 2022 Chornobaivka attacks.

[19] A reconstituted regiment took part the Southern Military District's efforts to hold Staromaiorske during the 2023 Ukrainian counteroffensive.

[20] It was reported the 247th refused to fight due to equipment shortages, Ukrainian victories, and high casualties.

[21] In September 2023 the regiment was deployed at the southern theatre around the village of Verbove, where its commander was killed in action.