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HQ
Vulkan
o 190 points

Troops
Tactical marines
- Meltagun
- Lascannon
o 185 points

Razorback
o 40 points

Tactical marines
- Meltagun
- Lascannon
o 185 points

Razorback
o 40 points

Tactical marines
o 90 points

Razorback
- lascannon
o 75 points

ELITES

10 assault terminators
- thunder hammer and storm shield
o 400 points

Land Raider Redeemer
- Extra armour
- multi-melta
o 265 points


HEAVY SUPPORT
Annihilator Predator
- Lascannon Sponsons
o 120 points

Annihilator Predator
- Lascannon Sponsons
o 120 points

Land Raider
- Multi Melta
- Extra Armour
o 275 points

So, both predators stay back with lascannon combat squads.

Three razorbacks push forward to claim objectives or take easy kill points.
The redeemer takes 5 TH/SS termies and drives them into assault with a blob or important squad.

the other LR with lysander and 5 TH/SS termies destroy tanks or large monsters.

Seems like a pretty standard dual-LR list. I'm not sure that Lysander is the best value for your points here. You could take Vulkan instead, save 10 points, and use the remainder to buy a multi-melta for your Land Raider Redeemer.

Do you think it's at least semi-competitive?

Will do. I just like lysanders model.

Yeah, dual-LR lists are pretty solid if you ask me. They're somewhat susceptible to being blocked, but a lot of armies don't really have any good answers to the LRs, and Assault Terminators are, of course, a mainstay unit for a reason. In particular, I think lists like this should do well against the new Grey Knights, who are often totally lacking in the melta department. On the other hand, Dark Eldar and Tau might give you troublle.