Hi,
I suppose that you referred to AN4393.pdf, obviously the hardware connection in the AN4393.pdf is correct, but the hardware connection can only access SRAM in BYTE(8 bits data bus) mode instead of half-word(16 bits data bus) mode although the external SRAM supports half-word access.
Of course, the FlexBUS of K60 supports half-word(16 bits data bus) access.
This is the signals of SRAM IS61WV102416BLL

You can connect as following:
FB_A1~FB_A20 of FlexBus are connected to A0~A19
FB_D0~FB_D15 of FlexBus are connected to I/O0~I/O15
FB_BE_7_0 of FlexBus is connected to /LB
FB_BE_15_8 of FlexBus is connected to /UB
FB_OE of FlexBus is connected to /OE
FB_RW of FlexBus is connected to /WE
one of FB_CS[x] is connected to /CS
Furthermore, I suppose that you have to connect two 74ls374, with the FB_ALE edge, the FB_AD[15:0] are latched as FB_A[15:0], ply pay the edge of the flip-flop(rising/falling).
In this way, you can access the SRAM with byte or half-word width.
Hope it can help you
BR
XiangJun Rong