Abstract: An externally accessible, clutching adjustable latching mechanism is provided having an adjusting assembly which permits the latching mechanism to be mounted over a greater range of depths than conventional adjusting mechanisms and controls the amount of pre-load which is possible by the adjustment feature, and protects the aircraft skin from being damaged during such adjustment. An internal clutching mechanism insures the accomplishment of proper, minimum preload on the structures connected by the latching mechanism. The adjusting assembly includes a two-part driver (14a, 14b) and a drive unit (15) which translates rotational movement of the driver into linear movement of a connecting element (10), allowing infinitely small, non-incremental adjustment of the position of the connecting element (10) relative to the structures joined by the mechanism.