You will want to sub it out. I do awning work and its definitely its own art form to learn.
But since you asked heres what you need:
Fabric pliers, cloth shears, appropriate staple gun, air hammer and air compressor. 2 dozen welding clamps. Staples, fabric, and zip strip.
Steps: remove egg crate and lighting. Take the awnings down and transport to your shop. The proper way for transportation is screwing them to the deck of a flat trailer with Z brackets. You cant strap them down.
Cut away all fabric except for about 1 inch around each channel. Remove the old zip strip. If the material is not dry rotted use your fabric pliers to start pulling the 1 inch strips out. Pull hard since it is stapled in. Once that's out you want to hammer down any staples that are raised up.
Cut your fabric with 4 inches of bleed. Staple in one side. Flip it over and use the welding clamps to tension the other side. Do this for all areas. Grab the air hammer and hammer in the zip strip.
You can power wash the egg crate or buy new ones if it's in too bad of shape. Doing graphics depends on the fabric used...
Screw them back into the trailer and reverse the steps from taking them down.