Not exactly. The engines themselves
are decades old, Orbital Science is quoted as saying
"'As we went through testing, we did discover there were some effects of aging since they had been in storage for awhile, including some stress corrosion cracking,' Culbertson conceded at the time. 'That’s what we [corrected] with weld repairs and other inspections.'"
They got the engines that were decades old, and they've been fixing problems that they have found, and refurbishing them and installing them into rockets. It doesn't say they have built new engines on the old designs. That would have been better, because then you would have someone who had designed the engine on staff and could understand it in a deep way.
Presumably Orbital is designing their own engines now, or contracting with someone to do so, perhaps their go to market strategy was "Get some things into space with these old surplus engines, use the revenue/time to design/test/manufacture our own engines, and then continue on with our own bespoke design." I don't know of course if that was their intention or not.