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Here's some adjustments I've made following some advice

HQ Lysander 200

Troops:
Tactical Marines 170
Power Fist
Combi-Flamer
Flamer
Missile Launcher
Rhino 35
Total: 235

Tactical Marines 170
Power Fist
Combi-Flamer
Flamer
Missile Launcher
Rhino 35
Total: 235

Elites:
5 Terminators: 200
Cyclone missile Launcher
Total: 230

Fast Attack:
Storm Talon Gunship 130
Skyhammer Rockets:
Total: 155

Blood Angels
Librarian 100
Combi-Flamer
Total: 110

Troops:
Assault Squad: 190
2 Melta-guns
Power Axe
melta-bombs
Remove Jump Packs
Total: 230
Razorback with twin linked lascannon 55

Elites:
Librarian Furioso 170

Heavy Support:
Stormraven 200
Plasma-Cannon
Multi-Melta
Hurricane Bolters

Blood angels want a priest.
Bring the shooty terminators as blood angels with a priest in terminator armour.

It has limitations as a theme but I think the list is cute.

I've edited the list a little bit now to include a Dreadnought and the Assault Marines in the Stormraven. While I see your point about the death Company, I don't think they'll survive any longer than Assault Marines. unfortunately with Feel No Pain now being a 5+ it makes it less effective in smaller squads, which unless I want to pay through the nose for the squad, is what the squad is going to be. My other option however is the replace Lysander with a Codex marines Librarian and switch the Terminators and Razorback for for a a 10 man Death Company + wargear and a Baal Predator. Thoughts?