A member of the elite U.S. Navy parachute team the Leap Frogs died after his parachute malfunctioned and he crash-landed in the Hudson River in New Jersey.

The incident took place at 12:10 p.m. Sunday during an event at Liberty State Park in Jersey City, New Jersey. The event was a part of the annual Fleet Week New York event.

According to the Navy, the service member jumped out of a plane and his parachute malfunctioned, causing him to land in the river. He was immediately retrieved by the U.S. Coast Guard, who were on hand supporting the event.

The service member was taken to Jersey City Medical Center where he was pronounced dead at 1:10 p.m. Sunday.

"Our hearts and prayers go out to his family, and I ask for all of your prayers for the Navy SEAL community who lost a true patriot today," said Rear Adm. Jack Scorby, commander of the Mid-Atlantic Navy region.

The Navy is investigating the incident and did not release the parachutist's name. The man's name will be released after his family is notified of his death.