A tension measurement assembly, for measuring and monitoring a tension force in a cable being deployed from a spooling device on which the cable is spooled, comprises at least one force sensor disposed adjacent the spooling device for sensing a force applied to the spooling device and generating a force signal representing the sensed force, and a processor responsive to the force signal for calculating and monitoring a tension force present in the cable. A cable sensor engages the deployed cable for sensing a spooling/unspooling rate and a length of the cable moving past the cable sensor in a pre-determined time period and generating a spooling signal representing the sensed rate and length to the processor for use in the calculating and monitoring of the tension force.