"A determined soul will do more with a rusty monkey wrench than a loafer will accomplish with all the tools in a machine shop." - Robert Hughes
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That is a Cleco Clamp primarily used on aircraft sheetmetal panels. I have used many of these way back in the ole days. They are still sold and are very handy for sheetmetal projects as are all of the Cleco tools. I assume these are still used on Aircraft since that was their original intent. The last time I used one was on AC in 1993.http://www.speedwaymotors.com/Cleco-Sheet-Metal-Clamps-Pack-10,4710.html?utm_medium=CSE&utm_source=CSEGoogle&utm_campaign=CSEGOOGLE&CAWELAID=1268496933&catargetid=1784208710&cagpspn=pla&gclid=COCq6_Wyw7UCFQxxQgod3iIAGA