Perhaps they have improved on the Naiad crown featured on the vintage Omega Seamaster 300? These crowns did not screw down but is self sealing. It uses water pressure to provide watertightness. The deeper the watch goes, the greater the pressure. This causes the crown to 'push' or sit against a seal. The only problem is at shallow water, the system does not work as well. The old Seamaster 300 with Naiad crown have been known to flood in shallow water and even when washing your hands.
Aircrafts use a simple system of sealing as well. In areas under (not all aircraft use this system) the galley or toilets, there is a 'ping pong ball' that sits in a drain hole. When the aircraft is on the ground and if water gets into these area, the ball will float, thus draining the water. In flight, the pressure inside the aircraft is higher as compared to the outside of the aircraft. So the ball will sit in the hole and you have no leaks.