Need help! Interesting Banner Need Info

Hello,
I recently purchased a small collection of 82nd airborne items. This banner along with a Japanese tanto came in the collection. Im not sure what it is, if its military related or if its japanese for that matter. Its extremely well made. Its doible sided hand stitched and embroidered. It weighs almost 8lbs and its not a very large banner. Any info would be greatly appreciated. Thanks in advance!1085005


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