Its a radio direction finder. Its looks like a old Seafix. If you get one that tunes as high as the AM broadcast man you can shoot your bearing on a AM radio station. Once I came through the heads in fog sailing on a RDF beacon Az tuned to 774 ABC, with no issues. Practice makes perfect! You can still use it on the Aeronautical beacons, most airports still have the beacons. It can really save your skin if your navigation and GPS system dies and you in the middle of a ocean with no land references for a fix.
Sailors should download the free GPS Anti-s**** APP from Reed Navigation.
reednavigation.com/GPSAntiS****/ (anti s p o o f)
You can do a simple sun sight and compare it to the GPS anti s**** app. Just make sure you clock is set to GMT you can also cross check it with the Almanac HC value for the GMT time. You will know very quickly if the GPS is being jammed. You dont have to do a full celestial noon sight LOP. I have just been using my Barker pocket box sextant and I can shoot the sun within 1minute to few seconds and compare it to the anti s**** app. Its also a good training app if you are a bit rusty with your sextant, You can quickly see how accurately you are shooting the sun. Even a Davis Mk3 is good enough for a quick anti-s**** and sun sight. I have a Freiburger sextant however I just use the Davis MK3 or Barker pocket sextant since its accurate enough for government work.