This is an action toy, with some die-cast metal parts, of a science fiction/anime character or item.
From the 1987 Sunrise series "Metal Armor Dragonar" comes this very interesting die-cast and fully posable figure of XD-01 Dragonar 1, based on its design in the show's opening title sequence. The "movable frame" features die-cast parts, with snap-on external armor rendered in plastic. Includes plenty of accessories, like the hand rail gun, laser sword, assault knife, throwing bomb, hybrid shield, and lifter. Also includes a nice display stand in the shape of a catapult.