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UPDATED:

HQ
Company Captain 140 Terminator, Power Sword, Stormbolter

Troops
Scout Squad 100
Sniper Rifle, Teleport Homer
3 Sniper Rifles, 1 ML

Tactical Squad 185
Sergeant Bolt Pistol and Power Sword
8 Bolters, 1 Flamer

Elite
Terminator Squad 200
Sergeant Power Sword, Stormbolter
4 Power Fists, Stormbolters

Dreadnought 105
Multimelta, Close combat weapon, storm bolter

Heavy Support
Devastator Squad 270
2 Heavy Bolters, 2 Lascannons
6 Marines w/ Bolters
Combat Squaded into
3 bolters 1 HB 1 Lascannon each

Thanks for the input guys!!

I'm looking to possibly add a Rhino for the Tac squad to get them involved in CC, but idk where I'd get the freed up points from. Same for the AC on the dread

But I def see where this is better than the original list.

Keep it coming!

I guess as long as you combat squad the devastators, you'll be ok. I can see you are using black reach as a jumping off point, but combat squaded tacticals just don't cut it. I think you need a rhino to make this army effective, at least so you can get your captain into CC where he belongs. I'd say swap the plasma cannons out of the devastator squad for heavy bolters and get a rhino for the tacs, getting rid of their missile and giving the sarge something special to give the squad some extra kick up close.

Keep the Dreadnought. At 1000pts it'll be pretty useful but you'll want to either give it a Drop Pod or change its weapon to something with more range. Assault Cannons work nicely on them. I'd also add an Assault Cannon to the Terminator Squad. Maybe replace the Devastators with the Predator.

Here's what I'd do;
Captain w/ Terminator Armor, Combi-Melta 145pts
5 Terminators w/ Assault Cannon 230pts
Dreadnought w/ Assault Cannon and Drop Pod 150pts
5 Scouts w/ Sniper Rifles and Missile Launcher 100pts
10 Marines w/ Flamer, Missile Launcher, Powerfist 195pts
Predator w/ Autocannon, Lascannon Sponsons, Extra Armor 180pts

That comes out to 1000pts even.