A sensor including an eddy current loop and an ultrasonic transducer transmitting along a common axis is placed against a second surface of a graphite/epoxy composite structure whose first surface has been formed over the surface of a steel model. The eddy current coil can produce a signal measuring the separation between the sensor and the surface of the steel model, and the ultrasonic transduer can produce a signal representing the thickness of the graphite/epoxy composite panel. The distance and thickness signals are passed to electrical circuitry that computes their difference and displays the calibrated result as a measure of the gap between the steel model and the graphite/epoxy tool.