The term 'Equip Anew' can be broken down into two crossword solutions: REFIT (5 letters) and Rerig (5 letters). REFIT means to fit out or furnish again, while Rerig means to rig or fit out with new equipment. Both terms refer to the process of replacing or updating existing equipment or supplies in order to make them more efficient or effective. This process is often used in the context of maintenance and repair, as well as in the context of upgrading or modernizing existing equipment.