I guess that what they want is 4 seperate, machined parts when they are done?
I don't think it will take much to hold these parts together when machining, however, when all the weld is machined off they are going to fall apart.
What is the overall size of these parts? Are they going to be machined on a lathe, VBM or VTL ?
How well do the edges of the 4 segments fit up, have they been machined to 90 deg and square to the end[s] ? If You need exact quarters, this will need to be done FIRST.
If this was My baby I would prep the parts as above, and then:
1) Weld on the inside with the machined end on a flat surface.
2) Set up to segment joints on VBM or VTL clamping from inside.
3) machine OD. 4) Clamp from outside, remove inside clamps and machine ID.
The ends having been done as the first operation before the edges were milled to 90 deg would be true.
The above process will work unless the length is a whole lot longer than the diameter.