This is a Crimson Fist color scheme with a couple extra touches for visual interest since this is for a single Kill Team.
I'm using Prussian Blue rather than the typical Navy (Kantor) Blue as a reference back to RT-era Crimson Fist art.
If you are using this recipe for a larger force, you will probably want to skip the face mask painting and additional red detailing on the helmets. You could also reduce the number of layer/wash steps on the leather bits or use contrast paints rather than the highlight/wash process for speed.
NOTE: If you don't have an airbrush, you can follow the same steps with a dry brush or makeup sponge/beauty blender. This could save you some time in the follow-up detailing steps.
On a personal note, I generally prefer using a makeup sponge for power armor rather than a drybrush. The makeup sponge gives a smoother blend and the resulting texture makes more visual sense for a ceramic-ish material.
Here we are adding interest with texture and edge highlighting while following the color map created in the airbrush steps.
NOTE: For the sponge steps, I typically use a rougher sponge (art sponge, foam brush, etc.) rather than a makeup sponge. We aren't creating highlights with the sponge at this point - the goal is to add texture to the existing highlights. Paint applied with a sponge will be stronger/more saturated than the airbrushed highlights so the texture will still be visible even with using the same color mixes.
Phobos armor has larger sections of exposed undersuit than the other Primaris armors. Depending on the pose of the model, you may want to push the contrast on these areas further.
This is a warm reddish-brown leather recipe. It provides nice contrast against the dark blue of the armor and synergizes well with the red hand(s) typical of Crimson Fists.
All Crimson Fist brothers & veterans have their left hand painted red. For my KT I added red on the helmet vent. This same recipe is also applied to the chapter badge for all models.
Painted facemasks are NOT typical of Crimson Fists. I decided to paint the face masks on the kill team in a grey -> white progression to mark them as members of an elite unit.
You want to make sure that the facemask reads as grey (not white) by the time we're done. The combination of dark blue armor, red helmet details, and a white face mask can give a strong "Primaris Night Lords" feel if you aren't careful
Use whatever varnishes you prefer. In my case I use Vallejo Polyurethane Gloss varnish for toughness and because it seems to have a smoother finish than acrylic gloss when applied with an airbrush. For matte varnish I use Pro Acryl Matte.