fitted out vs equipped

fitted out and equipped both are adjectives.

Word	Noun	Adjective	Verb	Adverb
fitted out	No	Yes	No	No
equipped	No	Yes	No	No

As adjectives, fitted out and equipped are synonyms defined as:

fitted out (adjective)	equipped (adjective)
furnished with essential equipment for a particular occupation or undertaking occupation	provided or fitted out with what is necessary or useful or appropriate
prepared with proper equipment	provided with whatever is necessary for a purpose (as furniture or equipment or authority)
	carrying weapons
	prepared with proper equipment