The most common and most likely answer to this crossword clue is the 5 letter word REFIT
I've seen this crossword clue in The Times
R
E
F
I
T
More clues leading to the result REFIT
- Row about bringing in first of frigates for overhaul
- I will come in on foot for a makeover
- Judge the aforementioned renovation?
- Newly equip sappers before attack
- Official computing overhaul
- Right impression of suspect equipment upgrade
- Replace whistle-blower linked to PCs etc
- Makeover: about to get sexually desirable
- I fret about provision of new equipment
- Fix up whistle-blower with appeal
Buddy explains!

The straight part
We know that "Newly equip" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case newly equip = refit.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does REFIT mean?
REFIT noun- The process of having something fitted again, repaired or restored.
- To fit again; to put back into its place.
- To prepare for use again; to repair or restore.
- To fit out or supply again (with something).
- To prepare a vessel for use again (e.g. by replenishing depleted supplies or doing maintenance or repair work); (of a vessel) to be prepared for use again.