Hi,
reason for not able to create .out file may be your project has some errors, or settings issue, please take blinky project and compare your project settings
and able to create out file and not .bin please enter below command under project settings -> build -> steps -> command
"${CCS_INSTALL_ROOT}/utils/tiobj2bin/tiobj2bin.bat" "${BuildArtifactFileName}" "${BuildArtifactFileBaseName}.bin" "${CG_TOOL_ROOT}/bin/armofd.exe" "${CG_TOOL_ROOT}/bin/armhex.exe" "${CCS_INSTALL_ROOT}/utils/tiobj2bin/mkhex4bin.exe"
Regards
- Paddy