+1 on shop tool. I see this kinda stuff all the time in a factory. What it was once used for is anyone's guess -- and there's been some good guesses around here -- and it really doesn't matter. It could be anything from firing pin protrusion to post-cure laminate stackup. (high five on 'drum tuner'.) They took an ordinary dial indicator and put it on a special metal base and not all THAT special at that. To make the guys in the shop, or maybe someone's boss, think it was crucial, they made a really spiff plastic box. Nothing to it.
If you need a spare indicator, unscrew it and you got one. Done and done. Better yet, remove the setscrew and just keep it stored that way, metal base and all. Then, when needed, you can say, "THIS looks like a job for my orange DIAL INDICATOR!" and make a big show of taking it out of its pretty jewel box custom cut for just such an occasion. If someone's watching, you can make the unpacking look "precise" like you're defusing a bomb or something.
Who says machining can't have some showmanship? As long as a machine's not running, anyway....
Wrat