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Wiktionary
bomb out

vb. (context intransitive idiomatic English) To fail; to produce no or very poor results; to drop out of or be eliminated from a competition.

WordNet
bomb out

v. make somebody homeless by destroying their houses with bombs

Usage examples of "bomb out".

And later that year, agents on the ground were so well organized that they smuggled a complete flying bomb out of enemy territory and into Allied hands.

We've got a C-141 right here on the deck and standing by to fly the bomb out if necessary.

For instance, do you know the story about Father on the day they first tested a bomb out at Alamogordo?

But before we could lift the bomb out we would have to free it from its clamps and this is where the great difficulty lies.