Its the simple EEC IV Ford Actron scanner, it can be used to check the codes. You use the scan port the attached to the top of the MAP sensor bracket. I used to have a Ford Breakout Box for my Thunderbird SC but after going to Moates Quarterhorse piggy back (ie. turns EEC IV into basically full stand alone tuning system, not available for ECU used on this 5.0) I sold it. After reading thru the OMC factory manuals I may need to purchase another from Ebay as it looks to be either a broken wire, TFI module, or the ECA which is broken down step by step in the manuals using the breakout box.
http://www.actron.com/product_detail.php?pid=16153 or you can get the EEC IV adapter for the more expensive Actron scanners, like the CP9185 that will give live data and OBD2.