The F-35A drag chute is in that pod (perhaps not in this screenshot because testing the open/close function inflight I'm guessing) so the chute will be deployed upon landing at about 150 KIAS. I'll post a YouTube video soonish. AF-02 is the work horse 'orange wire' F-35A test aircraft (lots of gauges & stuff inside).
F-35A AF-02 Drag Chute Pod Testing ICY Alaska Oct 2017
https://www.youtube.com/watch?v=HSXc_tecwms