Looks like it may have been part of an assembly tool or possibly a fixture. The individual who made it obviously took an extra step or two to either eliminate sharp edges or improve the appearance, evidenced by the radiused edges. The engine turning may have ended up there as a result of it's use though, as it doesn't appear to cover the entire surface.
Whatever it was, it appears to be of no use for it's intended purpose and is now waiting to be recycled into engine parts.
The drawback to using old tools as material sources is that you never can be quite sure what is was made of. We used to build jigs and fixtures out of whatever was left in the material rack whether it was marked or not. It could be anything from 1018 to 4140 to A2. It will definitely be usable, as long as you don't intend to heat treat it. Just start out on the low side of your cutting speeds, your end mills will thank you for it.
Kevin