37.5kz is not the best frequency. There is a push to change that to a lower frequency to increase the detection range.
Today, aircraft are equipped with Flight Recorders with Underwater Locator
Beacon (ULB). The range of the current used Flight Recorder ULB’s is limited
due to the used frequency of 37.5 kHz.
An initiative has been founded to investigate in Wreckage Localization
Technology where among other things, a Low Frequency ULB transmitting on a
frequency between 8 to 9 kHz was proposed.
In 2012 SAE Aerospace has published an Aerospace Standard (AS6254) to
cover the Minimum Performance Standard for Low Frequency Underwater
Locating Devices (LF-ULB) transmitting on a frequency of 8.8 kHz ±1 kHz.
ICAO published its annex 6 amendment 36 (Nov 2012), stating that a LF-ULB
shall be installed on all aircraft with a maximum take-off mass of over 27,000 kg,
operating over water at particular distances to land suitable for making an
emergency landing.
This ICAO requirement is currently in the process to become national rules by
local Airworthiness Authorities.