I don't know if this is a standard strategy, but it was novel to me when I replayed EVN and I decided to apply it to EVO this time around.
CAVEAT: this is an extremely lengthy procedure (several hours)
Building the ultimate UE Cruiser Fleet:
- Do a profitable trade route in UE space until you get around 6M credits
- Buy a Helian
- Do enough of the UE mission to be allowed to purchase UE Cruiser
- Go to any Miranu port and Hire 6 M. H. Freighters
- Go to Gribn in Hatuli and fill fleet with Equipment
- Fly to Thehir in the same system and sell all Equipment and fill fleet with Metal
- Repeat 5/6 until you get 42M credits (each UE Cruiser is 6M and your fleet will have 7 including your ship)
- Buy a UE Cruiser and outfit it with an Afterburner and 2 Fuel Tanks then refuel
- Capture anything and choose Use As My Ship (smaller ships tend to be easier, I go after traders because the UE won't shoot them down while I try to board them)
- Repeat 8/9 until you have 6 captured Cruisers and one of your own
- Buy to Fuel Scoops and an extra Blaster Turret
- CRUSH everything
Forgive me if this is total newb material. I just found it awesome when I had 7 Polaris Ravens in EVN. They were borderline unstoppable
For the INCREDIBLY lazy I have attached my Pilot file with this procedure done.